SOURCE: SmartCard Marketing Systems Inc.

April 18, 2007 10:17 ET

SmartCard Marketing Systems Inc. (SMKG.pk /QYH.f) Signs Agreement With PlaceToRent.com, Inc. for Prepaid Card Services

SAN ANTONIO, TX -- (MARKET WIRE) -- April 18, 2007 -- SmartCard Marketing Systems Inc. of San Antonio, TX (PINKSHEETS: SMKG) (FRANKFURT: QYH), a leading provider of prepaid cards, value smart storage cards and optical management services (www.gosmartcard.com).

Stated by CEO Massimo Barone, "The agreement between SmartCard and PlaceToRent.com is forging management's commitment to develop financial solutions for the online community. We believe that the online financial market and offering ready for market solutions strengthens our presence as a financial service provider and aggregator."

John Scala, Vice President of PlaceToRent.com, commented, "SmartCard Marketing Systems Inc. has developed innovative financial solutions and prepaid cards that will advance our corporate strategies to become the #1 portal for the tenant / landlord rental market. The implementation and utilization of their co-branded, prepaid cards under the Velocitymoney™ brand provides our company with an important competitive edge to accelerate our revenue growth and profitability. We look forward to a long and very successful business relationship with SmartCard Marketing."

The agreement is for SmartCard to provide PlaceToRent.com with a co-brand prepaid card program with Payment gateway network through the Velocitymoney™ brand. Additionally the agreement is for an initial 5000 cards with upside in the first 2 years of up to 150,000 cards. Statistically an average prepaid card program will generate in commission revenue of $50.00 to $70.00 per active user based on 10 transactions monthly, which typically in North America is marginally lower than the norm.

About SmartCard

SmartCard Marketing Systems Inc. was established in 2003 as a leading developer of loyalty and financial transaction management services with proprietary platforms for the Internet. Key focus of SmartCard is Back Office management services to the Money Remittance Segment as well as the management of HealthCard transactions such as the Optical Industry

About PlaceToRent.com

PlaceToRent.com (PTR) is positioned to become a leading portal for anyone seeking rental property or for owners wishing to list a vacancy.

"PTR" is capitalizing on major opportunities that exist within the rental market. The "PTR" site offers prospective renters and owners a unique, proactive method to visually check out and/or market rentals in a professional and timely manner. With its unique "pay-for-performance" business model, "PTR" charges no monthly subscription fees with owner / landlords paying only for verifiable lease transactions, and renter lease-signers are monetarily rewarded for using this service.

Contacts:
Smart Card Marketing Systems Inc.
Max Barone
1-866-774-2555
maxbarone@gosmartcard.com

PlaceToRent.com, Inc.
For media and press inquiries, please contact:
Brian Warner
media@PlaceToRent.com
Forward-Looking Statements. This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements about the expected future prospects of our business and all other statements in this release other than historical facts, constitute forward-looking statements. You can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "would," "should," "seeks," "approximately," "intends," "plans," "estimates," or "anticipates" or similar expressions which concern our strategy, plans or intentions. All statements we make relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results are forward-looking statements. In addition, we, through our senior management, from time to time make forward-looking public statements concerning our expected future operations and performance and other developments. All of these forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those we expected. We derive most of our forward-looking statements from our operating budgets and forecasts, which are based upon many detailed assumptions. While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and, of course, it is impossible for us to anticipate all factors that could affect our actual results. Some of the factors that we believe could affect our results include: general economic and market conditions, including the lingering effects of the economic slowdown and services revenue; the overall condition of the bank card industry, including the effect of any further consolidation among financial services firms; the regulatory, credit and market risks associated with our operations; the integration of acquired businesses, the performance of our businesses; the effect of war, terrorism or catastrophic events; the timing and magnitude of sales; the timing and scope of technological advances; the ability to retain and attract customers and key personnel; and the ability to obtain patent protection and avoid patent-related liabilities in the context of a rapidly developing legal framework for software and business-method patents. The factors described in this paragraph and other factors that may affect our business or future financial results and when applicable, will be discussed in our filings with the Securities and Exchange Commission. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.

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